Gurvinder Nokwal REALTOR®
For Sale Detached 139 days on market

$635,000 ↓ $30,000 from $665,000

Est. payment $2,812/moCalculate yours

119 Gaffney Lake Lane, Bancroft, ON K0L 1C0

Dungannon Ward, Bancroft, ON K0L 1C0

  • 2 Beds
  • 1 Baths
  • 700 Sq Ft
Map

Listing courtesy of Century 21 Granite Realty Group Inc. MLS® X13223650

About this home

Your own private waterfront retreat on beautiful Gaffney Lake! A peaceful no-motor lake just 10 minutes from town. Custom built and lovingly maintained by the original owners, this year-round home offers the perfect blend of comfort, privacy, and natural beauty. Featuring 2 bedrooms, 1 full bathroom, and a fully finished walkout basement, the home is designed to maximize both space and stunning lake views. The bright open-concept layout is ideal for entertaining, while the updated kitchen and modern appliances make everyday living a pleasure. Main floor laundry adds convenience, and year-round comfort is ensured with a propane furnace, central air conditioning, drilled well, septic system, and durable metal roof. Step outside to the expansive wraparound covered balcony and take in the tranquil waterfront setting. Watch bass spawn along the shoreline in the spring, enjoy a refreshing swim from the floating raft, or simply relax and listen to the sounds of nature. The beautifully landscaped property is surrounded by established perennial gardens, creating a private and picturesque setting that feels miles away from it all. Located on a quiet private road, this exceptional waterfront property offers the peaceful lifestyle you’ve been dreaming of, whether as a full-time residence or a weekend escape. Family-friendly, serene, and surrounded by nature, Gaffney Lake is a hidden gem waiting to be discovered.

Property details

Overview

Property Type
Detached
Style
Bungalow-Raised
For
For Sale
Status
Extension
Approximate Age
31-50
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
Finished with Walk-Out

Building & Systems

Heating
Forced Air (Propane)
Cooling
Central Air
Exterior
Log
Foundation
Concrete Block
Roof
Metal
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
31 x 311 Feet
Parking
None garage · 5 total
Zoning
LSR EP

Financial

Property Taxes
$4,367 (2025)

Location

Neighbourhood
Dungannon Ward
Cross Street
Upper Turriff Road
Direction Faces
South

Listing

MLS® Number
X13223650
Days on Market
139
Listed On
2026-06-01
Possession
flexible
Listed By
Century 21 Granite Realty Group Inc.

Rooms

Room Level Dimensions
Bedroom Main 21′ 4″ × 12′ 2″
Recreation Basement 4′ 7″ × 21′ 0″
Kitchen Main 18′ 8″ × 26′ 7″
Bedroom 2 Main 11′ 10″ × 8′ 10″

Features

Interior

  • None

Property

  • Lake Access
  • Lake/Pond
  • Waterfront
  • Wooded/Treed

Pool

  • None
Included
Fridge, stove, dishwasher, washing machine, dryer, kitchen island
Excluded
Personal items, freezer in basement, fridge in basement
Rental items
Propane tanks

Mortgage calculator

Minimum for this price: $38,500 (6.06%)

Amortization, years

Estimated mortgage payment

$2,812 per month

Principal and interest
$2,812
Property tax
$364
Estimated monthly cost
$3,176

Your mortgage

Mortgage amount
$508,000
Mortgage insurance
Not needed
Interest over 25 years
$335,493

Cash to close

Down payment
$127,000
Land transfer tax
$9,175
Total, before legal fees
$136,175
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

119 Gaffney Lake Lane, Bancroft, ON K0L 1C0 Dungannon Ward, Bancroft, ON K0L 1C0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$635,000 119 Gaffney Lake Lane, Bancroft, ON K0L 1C0
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